- After shocking investors with the expectations of decelerating growth in August, EverQuote is back on its feet.
- Though growth has moderated down to ~30% y/y (from ~50% y/y last year), EverQuote's variable marketing margin and adjusted EBITDA are also improving.
- These profitability improvements showcase that EverQuote is scaling nicely even as its growth begins a natural deceleration.
- Increased focus on high-intent customers has been a key driver here, and also led to a big jump in average revenue per quote request.
For further details see:
EverQuote: Scaling Nicely